Welcome to our dedicated page for Centrus Energy news (Ticker: LEU), a resource for investors and traders seeking the latest updates and insights on Centrus Energy stock.
Centrus Energy Corp. supplies nuclear fuel and services for the nuclear power industry. Its recurring news centers on Low-Enriched Uranium sales, separative work units, uranium enrichment, High-Assay, Low-Enriched Uranium, and Technical Solutions work that includes engineering, design, and manufacturing services for government and private-sector customers.
Company updates also cover financial results, revenue guidance, centrifuge manufacturing, enrichment-capacity expansion in Piketon, Ohio, and manufacturing activity in Oak Ridge, Tennessee. Partnership news has addressed engineering, project management, supply-chain coordination, artificial-intelligence tools, and other operational support for uranium-enrichment expansion.
Centrus (NYSE: LEU) reported 2025 revenue of $448.7 million, net income of $77.8 million and gross profit of $117.5 million. The company raised unrestricted cash to $2.0 billion, enriched over 1 kg of HALEU UF6 and initiated domestic centrifuge manufacturing.
Centrus disclosed a $2.3 billion contingent LEU backlog, total backlog of $3.8 billion, DOE selection for a $900 million HALEU task order (subject to negotiation) and 2026 revenue guidance of $425–475 million.
Centrus Energy (NYSE: LEU) will webcast its quarterly conference call on Wednesday, February 11, 2026 at 8:30 a.m. ET.
The company will release its Q4 and full-year 2025 earnings after market close on Tuesday, February 10, 2026. The webcast link will be in the Investor Relations section at CentrusEnergy.com, with replay available through February 24, 2026.
Centrus (NYSE: LEU) will expand its Oak Ridge centrifuge manufacturing center, investing more than $560 million and creating nearly 430 new jobs in Anderson County to convert the site into a high-rate manufacturing plant. The expansion supports a larger Ohio enrichment plant and follows DOE funding for centrifuge production in Tennessee. The first centrifuges produced in Tennessee are expected to come online in Ohio in 2029. Tennessee's Nuclear Energy Fund has provided a total of $70 million to support related initiatives.
Centrus Energy (NYSE: LEU) was awarded a $900 million fixed‑price task order from the U.S. Department of Energy to expand its Piketon, Ohio uranium enrichment facility for commercial HALEU production. With Department options, the task order value can reach $1.07 billion. The funding supports a previously announced multi‑billion dollar expansion to add HALEU and additional LEU capacity, with the first new capacity expected online in 2029.
The project is described as supporting thousands of U.S. jobs, including 1,000 construction and 300 new operating jobs in Ohio, new jobs at an Oak Ridge centrifuge plant, and thousands of indirect jobs. Centrus says it has $2.3 billion of LEU purchase commitments contingent on financing and raised $1.2 billion via convertible notes in 2024–2025.
Centrus Energy (NYSE: LEU) has begun domestic centrifuge manufacturing to support commercial low-enriched uranium (LEU) enrichment at Piketon, Ohio, targeting initial commercial capacity online in 2029. The expansion is backed by a $2.3 billion backlog of contingent LEU sales, prior convertible note financings totaling $1.2 billion, a reported cash balance of $1.6 billion as of Sept 30, 2025, and a recently launched $1 billion at-the-market offering. The company is a finalist for Department of Energy task orders (each potentially ~$900 million) for LEU and HALEU production and has a proposed investment partnership with KHNP and POSCO International. The project is expected to create thousands of U.S. jobs, including 1,000 construction and 300 operating roles in Ohio.
Centrus Energy (NYSE: LEU) announced it has started design work for a 150,000 square foot Training, Operations & Maintenance Facility in Piketon, Ohio, to support planned expansion of uranium enrichment capacity.
The project repurposes a largely vacant building at the American Centrifuge Plant, with construction expected to begin early 2026. The facility will include offices, training space, and maintenance bays and could accommodate up to 200 new employees.
Centrus is producing HALEU under a DOE contract and previously announced an expansion expected to create 1,000 construction jobs and 300 operations jobs; the size and scope depend on federal funding decisions and could become a multi‑billion‑dollar private and public investment.
Centrus Energy (NYSE: LEU) announced approval to uplist from NYSE American to the New York Stock Exchange.
Trading on NYSE American will cease after market close on December 3, 2025, and shares will commence trading on the NYSE at the open on December 4, 2025. The company will continue to trade under the symbol LEU. Management said the move is expected to provide improved liquidity and enhanced visibility to a broader investor base as Centrus works to restore large-scale U.S. uranium enrichment capacity.
Centrus Energy Corp (NYSE American: LEU) announced an at-the-market (ATM) equity offering program on November 6, 2025 to sell up to $1,000,000,000 of Class A common stock through designated sales agents.
Shares, if sold, will be issued under Centrus' Form S-3ASR (File No. 333-291305) and a prospectus supplement dated November 6, 2025; sales will occur at or related to prevailing market prices and under parameters set by Centrus. Proceeds are expected to be used for general working capital and corporate purposes, potentially including technology investment, debt repayment or repurchase, capital expenditures, and acquisitions. Barclays, Citi, UBS Investment Bank and Evercore ISI are lead sales agents.
Centrus (NYSE American: LEU) reported Q3 2025 results with net income $3.9M on $74.9M revenue versus a net loss of $5.0M on $57.7M in Q3 2024. Total revenue rose 30% year-over-year driven by LEU and Technical Solutions segments.
The company closed an $805M 0% convertible notes offering (net proceeds ~$782.4M), raising unrestricted cash to $1.6B. Backlog totaled $3.9B extending to 2040, including ~ $3.0B LEU backlog and ~$2.3B contingent LEU commitments. Company secured U.S. waivers for 2026–2027 Russian deliveries, advanced Piketon expansion agreements, and named a new CFO.
Centrus Energy (NYSE American: LEU) will webcast its quarterly conference call for shareholders and the financial community on Thursday, November 6, 2025 at 8:30 a.m. ET.
The company will release its Q3 2025 earnings (period ended September 30, 2025) after market close on Tuesday, November 5, 2025. The call will be accessible via a link in the Investor Relations section at CentrusEnergy.com, and a webcast replay will remain available through November 19, 2025.